mining

Boliden has announced a 700 million kronor write-down of assets at the Garpenberg mine, damaged by seismic activity and a collapse in March that led to parts of the mine closing through 2026. The write-down covers infrastructure and equipment affected by the events.

April 06, 2026 Reported by AI

Eskom has extended negotiations over a temporary 62c/kWh electricity tariff for ferrochrome smelters until after Easter on 7 April 2026. The measure aims to prevent mass job losses at producers like Glencore-Merafe and Samancor, but the manganese and silicon sectors are excluded. Eskom chief Dan Marokane backed the proposal with specific conditions.